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Frasers Hospitality Trust ( (SG:ACV) ) has shared an update.
RAM Rating Services Berhad has affirmed the ratings for Frasers Hospitality Trust’s RM502.48 million Medium Term Notes Series 2024-A, issued by Notable Vision Sdn. Bhd. The ratings for the notes include an AAA rating with a stable outlook for Class A Senior MTNs, a B2 rating with a stable outlook for Class B Junior MTNs, and a C3 rating with a stable outlook for Class C Junior MTNs. This affirmation reflects the trust’s stable financial outlook and its continued strong positioning in the hospitality investment sector.
The most recent analyst rating on (SG:ACV) stock is a Hold with a S$0.50 price target. To see the full list of analyst forecasts on Frasers Hospitality Trust stock, see the SG:ACV Stock Forecast page.
More about Frasers Hospitality Trust
Frasers Hospitality Trust is a hospitality stapled group comprising Frasers Hospitality Real Estate Investment Trust and Frasers Hospitality Business Trust. It operates under the laws of the Republic of Singapore, focusing on real estate investment and business trust management within the hospitality industry.
Average Trading Volume: 3,179,798
Technical Sentiment Signal: Buy
Current Market Cap: S$1.37B
See more data about ACV stock on TipRanks’ Stock Analysis page.